This morning's interview is with Mark Suster , a venture capitalist at GRPPartners (www.grpvc.com). GRP has just recently closed on a new $200M fund, and Mark has been one of the more active venture capitalists in the Los Angeles area in recent months. The new fund is focused entirely on technology companies.

Is your company having funding because investors are pulling back on their investments, or are you having problems with funding because investors aren’t interested in your company to begin with? Does that mean there’s no impact of the economy on startups? There will be, and there will be harsh impact on some startups.
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Los Angeles-based Burstly , the mobile ad management firm run by Evan Rifkin, said this week that it has added SoftBank Capital and Founder Collective to its Series A funding round. investment from Rincon Venture Partners and GRPPartners. Rifkin was the founder of TagWorld/Flux, which he sold to MTVN in 2008.
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Both companies are well funded by venture capital firms — Tesla’s backers also include Draper Fisher Jurvetson, and Fisker Automotive is backed by Kleiner Perkins Caufield and Byer. The New York Times has the details. Filed under: Lawsuits by Benjamin Kuo blog comments powered by Disqus Thoughts and commentary from Benjamin F.
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Tom’s first article for us is The Gold Rush of Digital Media Funds , which we posted this morning. Media funds - right up my alley! We’re planning on publishing regular contributions from Tom, who’s known for his insights and commentary on the market and high tech industry. Kuo, publisher of socalTECH.com.
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The new fund is going to be overseen by former RealNetworks executive Richard Wolpert. Wolpert is a Southern California resident, and was previously commuting between Westlake Village and Seattle). Kuo, publisher of socalTECH.com. All Rights Reserved
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